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Tax Comparasion Holland and Ireland

cousin_borat · 2006-08-23 21:12:43

Hi there, I'm not much of an expert on Tax and I have a couple of questions. I've been offered a job in Amsterdam. Doing a comparation of the amount of Tax I would pay in Holland as compared to Ireland. My calculation of Holland is: The tax rate is a rising scale with four brackets. The rates are (2001): 32.35% on the…

23-08-2006 9:12pm

#1

cousin_borat

Registered Users, Registered Users 2 Posts: 995 ✭✭✭

Join Date: September 2004

Posts: 797

Hi there,

I'm not much of an expert on Tax and I have a couple of questions. I've been offered a job in Amsterdam. Doing a comparation of the amount of Tax I would pay in Holland as compared to Ireland. My calculation of Holland is:

The tax rate is a rising scale with four brackets. The rates are (2001):

32.35% on the first NLG 32,769 (EUR 14,870)

37.60% on the next NLG 26,751 (EUR 12,139)

42% on the next NLG 42,532 (EUR 19,300)

52% on the remainder

Gross 72000
Tax 30840.02
Net 41159.97

So from my calculation I would have a net income of 41160 on 72000 income.

In Ireland I calculated paying € 20080.0 based on current tax bands and subtracting 3120 Tax Credits.

Quite a difference. Could anyone tell me if my calculations are correct for Holland and Ireland?

Any help would be much appreciated!

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